Is it going to sting...There are 2 way to calculate GDP:
GDP method 1
GDP = C + G + I + NX
For investments I don't have a good source, but this one is something, seems to stagnate, lots of investments are made in China I'd bet:
www.census.gov
The INSANE net export chart from the FED:
fred.stlouisfed.org
Consumer spending chart
fred.stlouisfed.org
===> When you adjust for the increased population & official fake inflation numbers it is up by 14% (Pop increased by 17%, 12k today => 8k in 2000)
GDP method 2
GDP = Total National Income + Sales Taxes + Depreciation + Net Foreign Factor Income
What we take out of this is that:
The Soviet Union was the world second economy, developped, a superpower, no one went hungry, Ukraine is the "bread basket of Europe" but still when it collapsed people STARVED, even in Ukraine. They went back in time a century.
It will obviously be worse than Greece. I'm not trying to be a perma bear I am not riding a short like with Bitcoin 2 years ago.
Let me take my bear uniform 2 seconds: It will be MAD MAX. If you think this is not possible, look at Somalia.
There is this whole list of issues to tackle, demographic first, Greece, Rome, the USSR had the same, there are ancient letters casting blame to Rome & Greece nobles "you are so eager to let your bloodline die", of course workers are important but it's the elites that build a civilization, that make it happen. Elites now are all (not literally...) corrupt, pedos, orgie addicts and so on. A complete mess.
Working age populations peaked in ~2010 even with the mass immigration going on, lmao at Denmark that got desperate and begged men to sleep with women.
Liberals have been lowering taxes in a desperate attempt to attract entrepreneurs but that barely helps there is too much.
Now they are killing small businesses and helping enforce multinational monopolies. This is not rational. These are the actions of a desperate ruling class that KNOWS what is going on.
In the best case scenario, where debt is cancelled, migrants stay to work, there are no riots and no civil war etc, it's unrealistic but assuming it all goes perfectly it will still be a catastrophe when it ends (obviously foreign nations like China won't export for free forever like a slave country). When it ends the standard of living will nosedive, all the free stuff taken from net imports won't be here anymore.
How about the debt?
The internal debts can be cleared, I mean... look 21 of the top 25 biggest hedge funds are jews, they could go to court to fight it, force the states to pay but surely they learned their lesson last time. Let's not repeat what happened. Anyway peacefully or violently internal debts will be cleared or almost cleared imo.
Who holds external debt? Well obviously China, but then a little of everyone, the Saudis, Israel, Norway, idk who else?
Some rich countries and big japanese businesses I guess?
China can come to Europe take factories, doctors, engineers etc, but they can't do this with the US.
What China can do even if they don't want to force the US to pay up immediately is seize factories such as Elon - hype man with 0 results his whole life - Musk Gigafactory 3. That's a given. Bare minimum.
Doesn't help that the west over-delocalised their manufacturing, including of medications.
Nah don't worry with covid they learned their lessons and actions will be taken. HAHAHAHA!
How do nations bounce back when their population is almost entirely made up of seniors?
It's not all about the money, where to invest. If you have parents that took care of you, prepare early, to take care of them later.
Elders that had no children well they'll die welcome to nature. But hey no one will be sad.
Pretty funny that all political sides are so eager to win, especially the US, like it's the most important elections that you absolutely have to win. It's hilarious, using every dirty trick and trying so hard to win to get the right to get blamed for the collapse.
Dumb tv anchors with shinny eyes filled with joy saying "this is a return to normalcy" I am pissing myself, "back to normal", oh it's going to sting them.
So ye to sum up the EU and US are basically big frauds ran by crooks, like the CEO of Enron or Wirecard.
It's like a husband that lost his job 5 years ago (20 here) and has been borrowing from friends the whole time to continue to drink champagne and hide the truth from his family but boy will you be in trouble when your buddies stop funding your lifestyle.
Let's just say globalist-leftist-liberalism will not be very popular in 20 years. Heads are going to roll.
Ah screw it I'm not pessimistic, let me not potentially give the impression that I am worried or upset.
I'm smiling because I'm getting the f out of this s***hole, I'm probably going to a beautiful beach in Tunisia.
Good luck with your old people and rich in diversity and megadebt and tolerance and masks and curfews and purple hair and return to paleolithic soon westerners, oh no Tunisia have made strict shariah laws against extreme LGBT acts oh no they are a muslim country they won't even let perfectly fine people do sodomy orgies in the street in front of schools how will I survive in such an intolerant place? Muh liberty to do orgies in public and play with feces and get guidelines on how to safely do butt licking muh democracy muh progress 😂
You know I used to care, but now knowing the west will suffer & millions will die actually makes me laugh 🤣.
They don't even suspect it yet, they're so joyful "return to normalcy" gosh they will eat their words.
I don't even want to help anymore, just watch and laugh and rub western neo-liberals face in it.
Keep bombing Syria children "for democracy" I'll eat popcorn in front of the elderly death count when you can't afford care anymore.
You reap what you sow. If they look for investors to bail them out I'll invest my ***** in Europe and the US.
The die is cast. Let this economy die in euphoria and mass delusion. This is long term so no need to short sell this very instant. But 2021 could be the year the stock market tops, if they don't go for hyperinflation.
Sorry for getting so brutal. Don't waste time arguing with deluded idiots, do you insist when a crazy person incoherently screams at you in the street no you try to help first then you leave them in their mess, each man for himself. Protect yourself, your family, your assets. Don't pay for the mistakes of others. Don't help people that don't want help. Ex-USSR countries are very eager to attract entrepreneurs, so let's all pack our s*** and move to greener lands.
As George Soros said, "doesn't matter what I do they will die anyway, so might as well profit from it. It was the happiest period of my life". Looks like I'm a huge sociopath, nice I got all the tools to succeed as a trader.
Oh hi people in 20 years digging dirt on me 👋 This is sarcasm please. They are doing porns in religious dresses I mean c'mon I get a free pass here please no hang me.
Oh hey and if you want to stay in "the west", I don't know how Australia is doing I think they are doing ok, and any businessman (/woman/8000 other genders) with 100k and a business gets a free ID and house or something. They have bats though.
The AWARA study on US Russia Europe net growth:
www.awaragroup.com
From a 2019 Wall Street report: "Real US debt could be 2000% of GDP". Talk about being overleveraged.
www.cnbc.com
